Free IOU for Money Owed Template
IOU for Money Owed (I OWE YOU)
Date: September 15, 2050
From:
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Borrower’s Business Name: [YOUR COMPANY NAME]
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Borrower’s Representative: [YOUR NAME]
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Business Address: [YOUR COMPANY ADDRESS]
To:
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Lender’s Business Name: Apex Innovations LLC
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Lender’s Representative: Jordan Smith
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Business Address: 4760 Adams Avenue, Silver Spring MD 20910
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Amount Owed: $50,000
Description of Debt:
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Nature of Debt: Informal credit arrangement for equipment purchase
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Date of Transaction: September 10, 2050
Repayment Terms:
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Repayment Amount: $50,000
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Repayment Schedule: Full repayment due by September 20, 2051
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Interest Rate: 4% per annum
Signatures:
Jordan Smith
Apex Innovations LLC
Lender
CEO
September 15, 2050
[YOUR NAME]
[YOUR COMPANY NAME]
Borrower
Chief Financial Officer
September 15, 2050
